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STATEMENT OF CASH FLOWS | 4 Months Ended
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Dec. 31, 2020 USD ($)
Cash Flows from Operating Activities: |
Net loss | $ (11,306)
Changes in operating assets and liabilities: |
Prepaid expenses | (6,815)
Accounts payable | 9,844
Franchise tax payable | 450
Net cash used in operating activities | (7,827)
Cash Flows from Financing Activities: |
Proceeds from issuance of common stock to Sponsor | 25,000
Proceeds from note payable to related party | 300,000
Payment of offering costs | (115,392)
Net cash provided by financing activities | 209,608
Net increase in cash | 201,781
Cash - end of the period | 201,781
Supplemental disclosure of noncash activities: |
Offering costs included in accounts payable | 110,425
Offering costs included in accrued expenses | 99,931
Offering costs paid by related party under promissory note | 13,000
Expenses paid by related party | $ 50

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